• The European Union (EU) is an economic and political union of 28 countries. It operates an internal (or single) market which allows free movement of goods, capital, services and people between member states
  • The EU countries are: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK
  • The EEA includes EU countries and also Iceland, Liechtenstein and Norway. It allows them to be part of the EU’s single market
  • Switzerland is neither an EU nor EEA member
  • What is EEA?
    • EEA provides for the free movement of persons, goods, services and capital within the internal market of the European Union (EU).
    • The EEA was established on 1 January 1994 upon entry into force of the EEA Agreement
  • Why in news? After Brexit, UK has an option to be part of EEA
  • Map:
EU vs EEA Map

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